Morocco grants Maersk, PSA container licences
Morocco's main port state agency said on Tuesday it has awarded licences to two consortiums led by Danish shipping and oil group A. P. Moller-Maersk and Singapore's state-owned PSA International PSA.UL.
The Danish-led consortium, which includes Moroccan conglomerate Akwa Group, won the licence for Tangier Med Terminal 3, with capacity for 3 million twenty-foot equivalent units (TEUs), the Mediterranean Tangier Special Agency said.
The PSA-led consortium was awarded Terminal 4, with about 2.0 million TEUs capacity. The consortium includes Moroccan state maritime firm Marsa Maroc and SNI, an investment company controlled by Morocco's royal family, it said.
The Maersk group plans to make Tangier Africa's biggest port complex, with a goal of handling 8 million 20-foot containers per year by 2013, the company has said.
Tangier Mediterranean port is a key player in attempts by Rabat government to revive Morocco's long-neglected northern region.
The Danish-led consortium, which includes Moroccan conglomerate Akwa Group, won the licence for Tangier Med Terminal 3, with capacity for 3 million twenty-foot equivalent units (TEUs), the Mediterranean Tangier Special Agency said.
The PSA-led consortium was awarded Terminal 4, with about 2.0 million TEUs capacity. The consortium includes Moroccan state maritime firm Marsa Maroc and SNI, an investment company controlled by Morocco's royal family, it said.
The Maersk group plans to make Tangier Africa's biggest port complex, with a goal of handling 8 million 20-foot containers per year by 2013, the company has said.
Tangier Mediterranean port is a key player in attempts by Rabat government to revive Morocco's long-neglected northern region.